Galp Energia, SGPS, S.A. (ELI: GALP)

Portugal flag Portugal · Delayed Price · Currency is EUR
18.76
-0.23 (-1.19%)
Aug 30, 2024, 4:35 PM WET
48.30%
Market Cap 14.30B
Revenue (ttm) 21.41B
Net Income (ttm) 1.38B
Shares Out 762.08M
EPS (ttm) 1.76
PE Ratio 10.68
Forward PE 15.57
Dividend 0.54 (2.88%)
Ex-Dividend Date Aug 15, 2024
Volume 1,948,243
Open 18.98
Previous Close 18.99
Day's Range 18.76 - 19.10
52-Week Range 12.85 - 21.41
Beta 0.68
Analysts n/a
Price Target n/a
Earnings Date Oct 28, 2024

About Galp Energia, SGPS

Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment owns refineries in Portugal, as well as is involved in activities related to energy management of oil products, gas, and electricity. This segmen... [Read more]

Sector Energy
Founded 1999
Employees 7,054
Stock Exchange Euronext Lisbon
Ticker Symbol GALP
Full Company Profile

Financial Performance

In 2023, GALP's revenue was 20.77 billion, a decrease of -22.62% compared to the previous year's 26.84 billion. Earnings were 1.24 billion, a decrease of -15.80%.

Financial Statements

News

Cheniere Energy, Galp sign LNG supply deal

Cheniere Energy signs long-term LNG supply agreement with Galp Energia, contingent on investment decision for Sabine Pass project expansion.

27 days ago - Seeking Alpha

Cheniere Energy, Galp sign LNG supply deal

Cheniere Energy signs long-term LNG supply agreement with Galp Energia, contingent on investment decision for Sabine Pass project expansion.

27 days ago - Seeking Alpha

Cheniere strikes long-term US LNG deal with Portugal's Galp tied to Sabine Pass expansion

Portugal's Galp will buy 500,000 mt/year of LNG from Cheniere under a long-term contract linked to the US exporter's proposed expansion of its Sabine Pass LNG export terminal in Louisiana, the compani...

27 days ago - S&P Global Platts

Galp's quarterly profit up 16% and Namibia oil in focus

Portugal's Galp Energia reported on Monday a 16% rise in second-quarter net profit, beating expectations as higher oil prices and lower production costs offset reduced output and the refining margin h...

5 weeks ago - Reuters

Galp CEO says cannot keep 80% stake in Namibia block

Portugal's Galp Energia will need a partner to develop a prolific oil find in Namibia as it is "beoynd its financial means" to keep an 80% stake in the exploration block that includes the Mopane field...

4 months ago - Reuters

Exclusive: Galp seeks to sell stake in Namibia oilfield after discovery, sources say

Portuguese oil company Galp Energia has launched the sale of half of its stake in an exploration block offshore Namibia where it has made a major oil discovery, three industry sources familiar with th...

4 months ago - Reuters

Portugal's Galp says field off Namibia could contain 10 bln barrels of oil

Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels ...

4 months ago - Reuters

Galp Warns of Lower Earnings This Year

Galp forecast weaker earnings for 2024 after profits fell in the fourth quarter on limited refining activities due to an overhaul at its Sines plant.

7 months ago - WSJ

Vontier's Invenco by GVR™ Selected by Galp Energia to Enable C-Store Digital Transformation

RALEIGH, N.C.--(BUSINESS WIRE)--Vontier's Invenco by GVR™ Selected by Galp Energia to Enable C-Store Digital Transformation.

1 year ago - Business Wire

Portugal's Galp to invest $426 mln in biofuels with Japan's Mitsui

Portuguese oil company Galp said on Monday it had teamed up with Japan's Mitsui to invest 400 million euros ($426 million) in an industrial-scale plant to produce biodiesel and biojet fuel from waste ...

1 year ago - Reuters

Galp eyes final decision on green hydrogen plant this year

Portugal's oil company Galp hopes to take the final investment decision on its first 100-megawatt (MW) green hydrogen unit by year-end, but still needs to clarify some regulatory and tax issues, a com...

1 year ago - Reuters

10 Picks to Play a Resurgent Energy Sector

Our energy roundtable predicts higher crude prices as global demand grows faster than supply. What's ahead for U.S. shale, the majors, and the energy transition.

1 year ago - Barrons

20 big oil companies expected to be cash gushers in 2023 despite short-term uncertainty

The energy sector of the S&P 500 has been the year's best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries.

1 year ago - Market Watch

Galp swings to profit, cuts guidance

Galp Energia SGPS SA on Monday said that it swung to profit in the third quarter with strong operational performance across segments, and adjusted guidance for the full year.

2 years ago - Market Watch

Portugal's Galp pays 140 million euros to get full ownership of Titan Solar

Portugal's Galp Energia has bought the 24.99% it does not already own of Titan Solar, a renewable energy joint venture created with Spanish engineering firm ACS in 2020, the company said in a statemen...

2 years ago - Reuters

Portugal's Galp quarterly profit rises six-fold on soaring crude prices

Portuguese oil and gas company Galp Energia on Tuesday reported a six-fold rise in adjusted first-quarter profit, boosted by soaring global crude prices and higher production.

2 years ago - Reuters

Soaring oil prices to have the biggest impact on energy majors as they exit Russia, analyst says

Sophie Lund-Yates, senior equity analyst at Hargreaves Lansdown, says the biggest fallout energy majors face from Russia's invasion of Ukraine is the spike in oil prices. She adds that their ongoing E...

2 years ago - CNBC International TV

Galp CEO on Renewable Energy, Growth Outlook

Jun.02 -- Galp Chief Executive Officer Andy Brown discusses buying renewable assets and company growth. He speaks with Bloomberg's Matt Miller and Mark Cudmore on "Bloomberg Markets: European Open.

3 years ago - Bloomberg Markets and Finance